11821 Woodbine Avenue, Whitchurch-Stouffville, ON

Rural Whitchurch-Stouffville, Whitchurch-Stouffville · MLS® N13679406

$1,740,000
For Sale
Listed 65 days agoNo offer date statedSitting longer than typical
3+2Bedrooms
2Bathrooms
6Parking
1500-2000Sq ft

About this home

In short

  • Excellent investment opportunity in a highly desirable Stouffville location.
  • This beautifully newly renovated property (2024) offers three self-contained units, all currently leased and generating strong rental income, helping offset the...
  • The extensive renovations include the basement, offering over 3500 SF updated and well-maintained living spaces.
  • Ideally located close to Highway 404, with convenient access to Markham, Costco, Longo's, shopping, restaurants, and everyday amenities.
  • Approximately 5 minutes to Markham and Costco/Longo's, making this an excellent location for both tenants and investors.

Excellent investment opportunity in a highly desirable Stouffville location! This beautifully newly renovated property (2024) offers three self-contained units, all currently leased and generating strong rental income, helping offset the mortgage while providing an attractive investment opportunity (Unit #1 $1640.00 Unit #2 $1600.00 # Unit 3 $1200.00) plus Landlord occupied the main floor & upstairs. The extensive renovations include the basement, offering over 3500 SF updated and well-maintained living spaces. Live comfortably in the upper unit while enjoying rental income from the other units, or lease the entire property for maximum income potential. Ideally located close to Highway 404, with convenient access to Markham, Costco, Longo's, shopping, restaurants, and everyday amenities. Approximately 5 minutes to Markham and Costco/Longo's, making this an excellent location for both tenants and investors. A fantastic opportunity for investors, multi-generational families, or buyers looking to combine home ownership with income potential. Shows beautifully and offers strong flexibility for future use. Roof 2020, Furnace 2022, Water Softener 2022, Hot water Owned 2024, All appliances 2024.

Key facts

Property type
Detached, Backsplit 3
MLS®
N13679406
Bedrooms
3+2 (5 total)
Bathrooms
2
Size
1500-2000 sq ft
Lot
100.3 × 208.25 ft
Cross streets
19th Avenue And Woodbine
Parking
6 parking
Driveway
Private Double
Basement
Apartment
Kitchens
3 (1 + 2)
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$6,631 / 2026
Days on market
65
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Dining RoomGround6.83 × 4.08 m

combined w/living · hardwood floor · window

Family RoomGround3.93 × 3.40 m

w/o to deck · hardwood floor · window

Living RoomGround6.81 × 4.06 m

combined w/dining · hardwood floor · fireplace

Bedroom 2Upper4.93 × 3.23 m

hardwood floor · closet · window

Bedroom 3Upper4.34 × 3.12 m

hardwood floor · closet · window

KitchenGround4.52 × 3.40 m

granite counters · hardwood floor · window

Primary BedroomUpper4.90 × 3.83 m

4 pc ensuite · hardwood floor · window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby · asking prices
$1.57Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $1,012/sqft; this home lists at $994/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.74MThis home1.50M1.57M2.10M1.74M948kThis home vs active comparables

Neighbourhood & location

Rural Whitchurch-Stouffville, Whitchurch-Stouffville, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Stouffville
$1.18M
Ballantrae
$1.77M

Typical asking price of active listings of the same type, per area (outliers removed). Whitchurch-Stouffville.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$7,930/mo
$322KIncome needed
5.4×Price ÷ income
$1,830Weekly cost
$31,275Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

93%mortgage
Mortgage $7,930Property tax $553Total carry $8,483

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,697per month

Mortgage amount $1,392,000 · 4.49% over 25 years

$348,000Down payment (20.0%)
$1,392,000Loan before insurance
$0CMHC premium
$8,249Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,697
Property tax
$553
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,249

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$31,275
Estimated closing costs
$31,275

Plus your down payment of $348,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,316/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$916,982Total interest paid
$2,308,982Total of all payments
Principal $1,392,000 Interest $916,982
YearPrincipalInterestBalance
1$31,064$61,296$1,360,936
2$32,474$59,885$1,328,463
3$33,948$58,411$1,294,514
4$35,490$56,870$1,259,024
5$37,101$55,258$1,221,923
6$38,786$53,574$1,183,138
7$40,547$51,813$1,142,591
8$42,388$49,972$1,100,203
9$44,312$48,047$1,055,891
10$46,324$46,035$1,009,567
11$48,428$43,932$961,139
12$50,626$41,733$910,513
13$52,925$39,434$857,588
14$55,328$37,031$802,260
15$57,840$34,519$744,420
16$60,466$31,893$683,954
17$63,212$29,148$620,742
18$66,082$26,278$554,660
19$69,082$23,277$485,578
20$72,219$20,141$413,360
21$75,498$16,862$337,862
22$78,926$13,434$258,936
23$82,509$9,850$176,427
24$86,255$6,104$90,172
25$90,172$2,188$0

At the end of your 5-year term

Total paid over the term
$461,796
Principal paid down
$170,077
Interest paid
$291,720
Balance remaining
$1,221,923

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,150/mo
$37,800Gross annual rent
1.5%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.2%
Gross yield
− Property tax $6,631− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $25,611

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.

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